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Three Ways Hotels Are Repositioning Unique Assets

Three Ways Hotels Are Repositioning Unique Assets

Celebrity chef restaurants, locally inspired food and beverage offerings, communal social spaces, and in-room and hotel-led fitness options–these trends represent a transformation of the traditional hotel model. Amenity preferences, particularly for authentic, one-of-a-kind social experiences, continue to segment the hospitality ...

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Six Qualities to Look for in a Hotel Broker

Six Qualities to Look for in a Hotel Broker

Peter Nichols is vice president and national director of the Hospitality Group at Marcus & Millichap, a real estate brokerage firm. Nichols says that when looking for qualities in a hotel broker, start with an excellent knowledge of the market, and consider these six other “musts.” 1. An exceptional ...

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Research Shows That OTA Consolidation Is Harmful To Consumers

Research Shows That OTA Consolidation Is Harmful To Consumers

When online travel agencies (OTAs) intentionally modify and reorder search results based on commission fees, the manufactured bias on their websites ultimately costs consumers choice and value, says a new report by Harvard Business School Professor Benjamin Edelman. Edelman’s report, the Impact of ...

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Top Five U.S. Hotel Construction Pipelines to Watch

Top Five U.S. Hotel Construction Pipelines to Watch

Putting the right property in the right place can help maximize returns on hotel investments. Below are the top five U.S. cities for hotel construction pipelines, and what hotel owners and investors should watch for in these markets. 1. New York There ...

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Eyes and Ears: Designing With Acoustics In Mind

Eyes and Ears: Designing With Acoustics In Mind

As more hotels shift from a mindset of selling beds to selling experiences, thoughtfully-designed shared spaces are becoming increasingly critical to guest satisfaction. These areas of the hotel seek to provide guests with an interesting and functional space for check-in, dining, working, ...

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